On Saturday, February 13, The Chicago Tribune had an article on McDonald’s new products that will hit stores in the summer. Their new products are Frappuccinos and fruit smoothies. As of right now, they are promoting these products to the people at the Vancouver Winter Olympics. McDonald’s is trying to draw in new customers outside of the traditional breakfast, lunch, and dinner mealtimes. The frappes will cost $2.29, $2.79, and $3.29 for each of the sizes. Those prices are considerably lower than the cost of Frappuccinos at Starbucks. They are also competitions with Jamba Juice on their smoothies.
Karl Marx states that with an increase to production there is a decrease in wages. He argues that capitalists, when following their self-interest, exploit their workers. What I mean by self-interest is gaining profits and beating out their competition. McDonald’s is trying to eat away at Starbucks and Jamba Juice’s profits. The company is doing this at the expense of their workers. They only pay them minimum wage, and now, they are going to have to do more work then before. Karl Marx would state that the company is dividing the labor, making the wage so low.
These workers are not being paid for the value of their work, but their time. As I stated earlier they have to do more work for the same wage. Not only do the workers have to serve their normal products of hamburgers, fries, ice cream, etc; now they have to serve extra drinks. The company is reaping all the benefits, while the workers are not. What Marx would say is to give the workers some of their value back. Marx states that under capitalism, people become estranged from their product, activity, and themselves. If the value is given back to the worker, it can restore their dignity back and become more human.
Karl Marx states that with an increase to production there is a decrease in wages. He argues that capitalists, when following their self-interest, exploit their workers. What I mean by self-interest is gaining profits and beating out their competition. McDonald’s is trying to eat away at Starbucks and Jamba Juice’s profits. The company is doing this at the expense of their workers. They only pay them minimum wage, and now, they are going to have to do more work then before. Karl Marx would state that the company is dividing the labor, making the wage so low.
These workers are not being paid for the value of their work, but their time. As I stated earlier they have to do more work for the same wage. Not only do the workers have to serve their normal products of hamburgers, fries, ice cream, etc; now they have to serve extra drinks. The company is reaping all the benefits, while the workers are not. What Marx would say is to give the workers some of their value back. Marx states that under capitalism, people become estranged from their product, activity, and themselves. If the value is given back to the worker, it can restore their dignity back and become more human.